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Here’s Why All Your Projects Are Always Late — and What to Do About It (Rebroadcast)

Freakonomics Radio

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Understanding the Planning Fallacy and Project Delays

This chapter explores the planning fallacy and its role in project delays, emphasizing how overconfidence and coordination neglect impact time estimates in group settings. It highlights the psychological barriers to effective project management, including the effects of procrastination and digital communication challenges. The narrative follows the creation of productivity tools by former tech employees to address these issues, culminating in the development of a widely used project management software.

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